APRN News and Press, Blue Apron Holdings Inc. Class A From 10/29/20

Key Highlights: Net revenue for the third quarter of 2020 increased 13% year over year to $112.3 million in part due to the ongoing positive impact on consumer behavior from the pandemic, as well as the continued execution of the company’s growth strategy. Net revenue w...

Blue Apron partners with Chef Edouardo Jordan to bring his holiday recipes to home cooks around the country PR Newswire NEW YORK, Oct. 26, 2020 NEW YORK , Oct. 26, 2020 /PRNewswire/ -- Blue Apron (NYSE: APRN) is partnering with Chef Edouardo Jordan ,...

Blue Apron's new credit line adds new covenants that give reason for pause. The company is now required to maintain a set level of customers "at any given time" which may be challenging given its historical levels of churn. It seems likely that the company will be forced to turn t...

Not every stock can be a winner. Many companies find themselves unable to forge a path to profitability. Other companies see their stocks rise to such high valuations that they have nowhere else to go but down. Either way, some stocks reach a point where investors should sell. Not selli...

Blue Apron (APRN) discloses that the company entered into a new $35M credit facility. The term loan bears interest at a rate equal to LIBOR (subject to a 1.50% floor) plus 8.00% per annum. Blue Apron says the principal amount of the term loan will be repayable in equal quarterly installments ...

The company's quarterly results were a disappointment given the favorable environment. Looking at other e-commerce retailers' revenue growth in the same period, we can see how Blue Apron’s results pale in comparison. Competitor HelloFresh had a blockbuster quarter. While it...

HelloFresh (HLFFF) reports Q3 preliminary adj. EBITDA between €112-117M vs FactSet €95.3M Due to the strong performance in Q3 and continued strong trends in the early part of Q4 2020, HelloFresh also boosts  its full year 2020 revenue growth guidance to +95% to +105% v...

Blue Apron Holdings, Inc. (NYSE: APRN) announced today that it will release its third quarter 2020 financial results prior to the opening of the U.S. financial markets on Thursday, October 29, 2020. The release will be followed by a conference call and live webcast at 8:30 a.m., Eastern...

Before the pandemic hit the United States, Walmart (WMT) Grocery led the grocery delivery industry, consistently staying about a 50% market share of sales, according to Second Measure data. In March, Walmart dropped to a 25% share as it struggled to keep up with the surge of demand. Instacart...

Blue Apron (APRN) is adding new menu offerings with more variety, flexibility and choice by giving customers options to order multiple boxes per week, customize select components of recipes, as well as expanding the Two-Person Signature menu to allow home cooks to get up to four recipes ...